MoneyMarketing

Industry News

02 Jun 2016

New vehicle sales continue to decline

South Africa’s new vehicle market continued to decline in May, with total industry sales of only 42 907 new vehicles – a 10.3% fall. Within this, respective drops of 12.9% and 5.3% were seen for passenger cars and light commercial vehicles.
02 Jun 2016

No flood of foreign property buyers despite weak rand

Apart from isolated cases where foreign buyers purchase local residential property they perceive as bargains, South Africa is not seeing a flood of foreign buyers despite the weak rand. This is according to FNB Private Bank Lending, a unit that provides structured and complex residential property finance.  Praven Subbramoney, CEO of FNB Private Bank Lending,...
02 Jun 2016

Risk and the role it plays in determining premiums

The cost of living is increasing almost daily and most people have probably considered cutting their insurance premiums to save money. The question is, however: Does a cheaper premium offer value for money?  Bertus Visser, Chief Executive: Distribution, PSG Insure explains.
02 Jun 2016

Offshore assets gain momentum as political uncertainty continues

Geographical diversification of assets has become increasingly important to South Africans given the country’s lack of economic growth, the rand’s slump and heightened political uncertainty.
01 Jun 2016

Nedbank scoops African Retail Bank of the year award

Nedbank has been awarded the African Retail Bank of the year award at the 2016 Retail Banking Global Conference and Awards, held in London on 19 May.
01 Jun 2016

Leading our profession for SA's financial future - FPI

The Financial Planning Institute of Southern Africa (FPI) will be hosting its annual FPI Professionals Convention, which will see a number of local and international experts gathering to discuss ways to advance the financial planning profession in South Africa, while maintaining the highest service and ethical standards.
01 Jun 2016

GIBS Dynamic Market Index 2016 launched

The Centre for Dynamic Markets (CDM) at the Gordon Institute of Business Science (GIBS) launched the bi-annual GIBS Dynamic Market Index (DMI) 2016, this week. The Index is an empirical tool that measures institutional progress and conditions within countries which enable economic growth, wealth creation, innovation, and overall socio-economic development. The period of data analysis...
01 Jun 2016

How to prepare your business for sale

Kirsten Smit, Advisory Partner, Citadel explores how to prepare a business for sale. Too often, business owners wait until they are ready to sell their business before they start planning their exit which often results in them not achieving maximum value. You only sell your business once and appropriate preparation and thought is essential.
01 Jun 2016

SA still attractive to wealthy individuals

In spite of the current economic challenges, South Africa is still an attractive destination for wealthy individuals on the African continent and other global markets.
31 May 2016

SA posts April trade surplus

SARS today released trade statistics for April 2016 that recorded a trade surplus of R0.43 billion due to exports of R92.22 billion and imports of R91.79 billion.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za